The world of business is constantly evolving, and staying ahead of the curve is essential for success. Discover market opportunities, latest industry trends, and key challenges to thrive in Predictive analytics industry
Business predictive analytics uses algorithms and machine learning to find patterns in data, giving businesses an edge in today’s fast world. Analyzing data helps anticipate future trends and make the right moves for business success
Increase in EBITDA is reported by companies that use data-driven B2B sales-growth engines
Increase in market size over the next 8 years, with the projected growth of 21%
of B2B firms, as of 2022, have shown a commitment to boosting their investments in predictive analytics
Data-driven businesses are 23 times more likely to attract customers and six times more likely to keep them
Growth in data and analytics is predicted by 2024, as 75% of businesses transition from testing AI to integrating it into their operations
An IDG survey showed 93% of organizations use or plan to use cloud technology. This increases data availability, which is important for predictive analytics growth, as it needs lots of data to make accurate predictions
Most successful startups and amount raised:
Even though predictive analytics can greatly change how businesses work and make decisions, startups in this field need to overcome various challenges to achieve lasting growth and success.
Industry relies heavily on the quality and availability of data. Poor data quality or insufficient data can result in inaccurate predictions and analysis. This can be a challenge for startups in the industry, as they may not have access to the necessary data or resources to clean and process data effectively.
Predictive analytics often involves collecting and analyzing large amounts of personal data. As a result, privacy concerns can arise, and startups in the industry need to ensure they are in compliance with relevant regulations and establish trust with their customers.
Machine learning and data-driven insights involve sophisticated algorithms and complex technical processes. Predictive analytics businesses in the industry need to have a deep understanding of these technologies to build effective predictive models and stay competitive.
From diligent business analysis to storytelling and financial forecasts, we’re helping founders crystallize and structure key business fundamentals and translate them into a compelling investment opportunity.
Evaluating potential investments, conducting thorough due diligence, and supporting portfolio companies on their new fundraising rounds.
Discovering market opportunities and developing execution strategies to build actionable and scalable blueprints for growth.
WHO WE ARE
One of our unique advantages lies in our constant exposure to the new & emerging industries and sectors, thus giving us an unparalleled expertise in the areas of innovative business models, disruptive technologies and latest industry trends.